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eToroJ.P. Morgan Self-Directed Investing Review
Written by Sam Levine, CFA, CMT
Edited by Carolyn Kimball
Fact-checked by Steven Hatzakis
Reviewed by Blain Reinkensmeyer
Chase’s do-it-yourself investing arm won our Best New Tool award for 2024, thanks to its powerful Wealth Plan financial planning tool. Even so, J.P. Morgan Self-Directed Investing doesn’t seem interested in competing head-to-head with Bank of America's Merrill Edge, Fidelity Investments, E*TRADE, or Charles Schwab. Other positives include access to proprietary J.P. Morgan research and convenient account linking for current Chase customers.
-
Minimum Deposit:
$0.00 -
Stock Trades:
$0.00 -
Options (Per Contract):
$0.65
J.P. Morgan Self-Directed Investing pros & cons
Pros
- J.P. Morgan Self-Directed Investing is a convenient way for Chase Bank customers to invest in stocks, ETFs, options, bonds, and mutual funds, and the firm ranks among our best brokers for banking services for 2024.
- Proprietary J.P. Morgan research often takes deeper dives than what’s available in the third-party research that’s licensed by many other brokers.
Cons
- The J.P. Morgan platforms are basic. Serious investors and traders will find better tools elsewhere.
- Educational articles are excellent and tackle unusual and interesting topics, but the library needs to be better organized.
- Navigation on the website can be frustrating.
Overall summary
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Overall |
|
| Investment Options |
|
| Commissions & Fees |
|
| Mobile Trading Apps |
|
| Platforms & Tools |
|
| Research |
|
| Customer Service | N/A |
| Education |
|
| Ease Of Use |
|
J.P. Morgan Self-Directed Investing trading platform screenshots
Website
Mobile app
Click to see a demo of trading on the J.P. Morgan Self-Directed Investing mobile app.
Does J.P. Morgan have a trading platform?
J.P. Morgan does not offer a downloadable trading platform to retail investors and the sparse features on its website and mobile app will frustrate active traders. See our Best Trading Platforms 2024 guide for our picks of online brokers with the best platforms.
Is J.P. Morgan Chase a good investment company?
J.P. Morgan Chase Self-Directed Investing is convenient for Chase Bank customers wanting to invest and do very casual and infrequent trading. Those looking to do more than that will find it lacking features routinely offered by top-ranked brokers.
What’s the difference between J.P. Morgan self-directed and automated?
J.P. Morgan’s Self-Directed Investing is for do-it-yourself investors who prefer making their own investing decisions. Automated Investing, on the other hand, is Chase’s robo-advisor investing service, which manages your money in line with your goals and comfort with accepting risk.
Unlike the Self-Directed option, there is a small monthly fee for Automated Investing. Chase promotes the robo service as costing only 15 cents a month on a $500 minimum investment (slightly over ⅓ of 1% annually), but the service only uses J.P. Morgan exchange-traded funds, some of which are expensive compared to their peers.
How much money do you need to invest with J.P. Morgan?
Good news! You don’t need to be a railroad or oil tycoon these days to get J.P. Morgan’s attention. There is no minimum deposit required for a basic account at J.P. Morgan Self-Directed Investing. Automated Investing, its robo-advisor service, requires a minimum deposit of $500.
Does J.P. Morgan charge investing fees?
J.P. Morgan charges $0 for stock and ETF trades, which is the industry norm at this point. For options, the broker charges $0 per options trade and $0.65 per contract, also around the industry norm.
About J.P. Morgan Self-Directed Investing
J.P. Morgan Chase & Co., headquartered in New York City, is the parent company of the Chase Bank and J.P. Morgan brands, which merged in 2000. Here’s a fun fact: J.P. Morgan Chase is the sum of 1,200 predecessor companies (including the failed First Republic Bank). The investment and banking services firm’s origins date to 1799. Today, the company manages over $2.6 trillion in client assets and is the largest bank in the United States.
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Our research team conducts thorough testing on a wide range of features, products, services, and tools for U.S. investors, collecting and validating thousands of data points in the process; this makes StockBrokers.com home to the largest independent database on the web covering the online broker industry. We test all available trading platforms for each broker and evaluate them based on a host of data-driven variables.
As part of our process, all brokers had the annual opportunity to provide updates and key milestones and complete an in-depth data profile, which we hand-checked for accuracy. Brokers also were offered the opportunity to provide executive time for an annual update meeting.
Our rigorous data validation process yields an error rate of less than .001% each year, providing site visitors quality data they can trust. Learn more about how we test or about StockBrokers.com.
J.P. Morgan Self-Directed Investing 2024 Results
For the StockBrokers.com 2024 Annual Awards, announced on Jan. 23, 2024, all U.S. equity brokers we reviewed were assessed on over 200 different variables across eight areas: Commissions & Fees, Investment Options, Platforms & Tools, Research, Mobile Trading, Education, Ease of Use, and Overall.
StockBrokers.com also presented “Best in Class” awards to brokers for additional categories Beginners, Options Trading, Futures Trading, Day Trading, IRA Accounts, Investor Community, Penny Stock Trading, Bank Brokerage, High Net Worth Investors, and Customer Service. A “Best in Class” designation means finishing in the top five brokers for that category.
For more information, see how we test.
Category awards
| Rank #1 | Streak #1 | Best in Class | Best in Class Streak | |
| Bank Brokerage | 3 |
Industry awards
| Rank #1 | Streak | |
| #1 New Tool | 1 |
J.P. Morgan Self-Directed Investing fees and features data
The data collection efforts at StockBrokers.com are unmatched in the industry. The following tables show a deeper dive into the offerings available at this broker. You can also compare its offerings side-by-side with those of other brokers using our Comparison Tool.
In addition to meticulous annual data collection by our in-house analyst, every broker that participates in our review is afforded the opportunity to complete an in-depth data profile. We then audit each data point to ensure its accuracy.
Trading fees
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Minimum Deposit | $0.00 |
| Stock Trades | $0.00 |
| Mutual Fund Trade Fee | $0 |
| Options (Base Fee) | $0.00 |
| Options (Per Contract) | $0.65 |
| Futures (Per Contract) | (Not offered) |
| Broker Assisted Trade Fee | Varies |
Account fees
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| IRA Annual Fee | $0.00 |
| IRA Closure Fee | $75.00 |
| Account Transfer Out (Partial) | $0.00 |
| Account Transfer Out (Full) | $75.00 |
| Options Exercise Fee | $0.00 |
| Options Assignment Fee | $0.00 |
Margin rates
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Margin Rate Under $25,000 | 13.25% |
| Margin Rate $25,000 to $49,999.99 | 13% |
| Margin Rate $50,000 to $99,999.99 | 12.5% |
| Margin Rate $100,000 to $249,999.99 | 12.25% |
| Margin Rate $250,000 to $499,999.99 | 12.25% |
| Margin Rate $500,000 to $999,999.99 | 11.5% |
| Margin Rate Above $1,000,000 | 11% |
Investment options
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Stock Trading | Yes |
| Margin Trading | Yes |
| Fractional Shares | Yes |
| OTC Stocks | Yes |
| Options Trading | Yes |
| Complex Options Max Legs | 1 |
| Futures Trading | No |
| Forex Trading | No |
| Crypto Trading | No |
| Crypto Trading - Total Coins | 0 |
| Mutual Funds (No Load) | 3500 |
| Mutual Funds (Total) | 3500 |
| Bonds (US Treasury) | Yes |
| Bonds (Corporate) | Yes |
| Bonds (Municipal) | Yes |
| Advisor Services | Yes |
| International Countries (Stocks) | 0 |
Order types
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Order Type - Market | Yes |
| Order Type - Limit | Yes |
| Order Type - After Hours | No |
| Order Type - Stop | Yes |
| Order Type - Trailing Stop | No |
| Order Type - OCO | No |
| Order Type - OTO | No |
| Order Type - Broker Assisted | Yes |
Beginners
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Education (Stocks) | Yes |
| Education (ETFs) | Yes |
| Education (Options) | Yes |
| Education (Mutual Funds) | Yes |
| Education (Bonds) | Yes |
| Education (Retirement) | Yes |
| Retirement Calculator | Yes |
| Investor Dictionary | No |
| Paper Trading | No |
| Videos | Yes |
| Webinars | Yes |
| Webinars (Archived) | No |
| Progress Tracking | No |
| Interactive Learning - Quizzes | No |
Stock trading apps
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| iPhone App | Yes |
| Android App | Yes |
| Apple Watch App | No |
| Trading - Stocks | Yes |
| Trading - After-Hours | No |
| Trading - Simple Options | Yes |
| Trading - Complex Options | No |
| Order Ticket RT Quotes | Yes |
| Order Ticket SRT Quotes | No |
Stock app features
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Market Movers (Top Gainers) | Yes |
| Stream Live TV | No |
| Videos on Demand | No |
| Stock Alerts | Yes |
| Option Chains Viewable | Yes |
| Watch List (Real-time) | Yes |
| Watch List (Streaming) | No |
| Watch Lists - Create & Manage | Yes |
| Watch Lists - Column Customization | Yes |
| Watch Lists - Total Fields | 20 |
Stock app charting
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Charting - After-Hours | No |
| Charting - Can Turn Horizontally | Yes |
| Charting - Multiple Time Frames | Yes |
| Charting - Technical Studies | 36 |
| Charting - Study Customizations | Yes |
| Charting - Stock Comparisons | No |
Trading platforms overview
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Active Trading Platform | No |
| Desktop Trading Platform | No |
| Desktop Platform (Mac) | No |
| Web Trading Platform | Yes |
| Paper Trading | No |
| Trade Journal | No |
| Watch Lists - Total Fields | 20 |
Trading platform stock chart features
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Charting - Adjust Trades on Chart | No |
| Charting - Indicators / Studies | 36 |
| Charting - Drawing Tools | 10 |
| Charting - Notes | No |
| Charting - Index Overlays | Yes |
| Charting - Historical Trades | No |
| Charting - Corporate Events | Yes |
| Charting - Custom Date Range | No |
| Charting - Custom Time Bars | No |
| Charting - Automated Analysis | No |
| Charting - Save Profiles | No |
| Trade Ideas - Technical Analysis | No |
| Charting - Study Customizations | 3 |
| Charting - Custom Studies | Yes |
Day trading features
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Streaming Time & Sales | No |
| Streaming TV | No |
| Direct Market Routing - Stocks | No |
| Ladder Trading | No |
| Trade Hotkeys | No |
| Level 2 Quotes - Stocks | No |
| Trade Ideas - Backtesting | No |
| Trade Ideas - Backtesting Adv | No |
| Short Locator | No |
| Order Liquidity Rebates | No |
Investment research overview
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Research - Stocks | Yes |
| Research - ETFs | Yes |
| Research - Mutual Funds | Yes |
| Research - Pink Sheets / OTCBB | Yes |
| Research - Bonds | Yes |
| Screener - Stocks | Yes |
| Screener - ETFs | Yes |
| Screener - Mutual Funds | Yes |
| Screener - Bonds | Yes |
| Misc - Portfolio Allocation | Yes |
Stock research features
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Stock Research - PDF Reports | 2 |
| Stock Research - Earnings | Yes |
| Stock Research - Insiders | No |
| Stock Research - Social | No |
| Stock Research - News | Yes |
| Stock Research - ESG | No |
| Stock Research - SEC Filings | No |
ETF research features
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| ETFs - Strategy Overview | Yes |
| ETF Fund Facts - Inception Date | Yes |
| ETF Fund Facts - Expense Ratio | Yes |
| ETF Fund Facts - Net Assets | Yes |
| ETF Fund Facts - Total Holdings | Yes |
| ETFs - Top 10 Holdings | Yes |
| ETFs - Sector Exposure | Yes |
| ETFs - Risk Analysis | No |
| ETFs - Ratings | Yes |
| ETFs - Morningstar StyleMap | Yes |
| ETFs - PDF Reports | No |
Mutual fund research features
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Mutual Funds - Strategy Overview | Yes |
| Mutual Funds - Performance Chart | Yes |
| Mutual Funds - Performance Analysis | Yes |
| Mutual Funds - Prospectus | No |
| Mutual Funds - 3rd Party Ratings | Yes |
| Mutual Funds - Fees Breakdown | Yes |
| Mutual Funds - Top 10 Holdings | Yes |
| Mutual Funds - Asset Allocation | Yes |
| Mutual Funds - Sector Allocation | Yes |
| Mutual Funds - Country Allocation | Yes |
| Mutual Funds - StyleMap | Yes |
Options trading overview
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Option Chains - Basic View | Yes |
| Option Chains - Strategy View | No |
| Option Chains - Streaming | No |
| Option Chains - Total Columns | 6 |
| Option Chains - Greeks | 0 |
| Option Chains - Quick Analysis | No |
| Option Analysis - P&L Charts | No |
| Option Probability Analysis | No |
| Option Probability Analysis Adv | No |
| Option Positions - Greeks | No |
| Option Positions - Greeks Streaming | No |
| Option Positions - Adv Analysis | No |
| Option Positions - Rolling | No |
| Option Positions - Grouping | No |
Banking features
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Bank (Member FDIC) | Yes |
| Checking Accounts | Yes |
| Savings Accounts | Yes |
| Credit Cards | Yes |
| Debit Cards | Yes |
| Mortgage Loans | Yes |
Customer service options
| Feature |
J.P. Morgan Self-Directed Investing
|
|---|---|
| Phone Support (Prospect Customers) | No |
| Phone Support (Current Customers) | Yes |
| Email Support | Yes |
| Live Chat (Prospect Customers) | No |
| Live Chat (Current Customers) | No |
| 24/7 Support | Yes |
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About the Editorial Team
Sam Levine has over 30 years of experience in the investing field as a portfolio manager, financial consultant, investment strategist and writer. He also taught investing as an adjunct professor of finance at Wayne State University. Sam holds the Chartered Financial Analyst and the Chartered Market Technician designations and is pursuing a master's in personal financial planning at the College for Financial Planning. Previously, he was a contributing editor at BetterInvesting Magazine and a contributor to The Penny Hoarder and other media outlets.
Carolyn Kimball is a former managing editor for StockBrokers.com and investor.com. Carolyn has more than 20 years of writing and editing experience at major media outlets including NerdWallet, the Los Angeles Times and the San Jose Mercury News. She specializes in coverage of personal financial products and services, wielding her editing skills to clarify complex (some might say befuddling) topics to help consumers make informed decisions about their money.
Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 20 years, Steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.
Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.